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Registered number: 06951554
HMDC Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
Weatherer Bailey Bragg
Chartered Accountants
100 Boldmere Road
Sutton Coldfield
West Midlands
B73 5UB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06951554
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 234 311
234 311
CURRENT ASSETS
Debtors 5 47,098 42,269
Cash at bank and in hand 45,987 69,793
93,085 112,062
Creditors: Amounts Falling Due Within One Year 6 (45,528 ) (66,109 )
NET CURRENT ASSETS (LIABILITIES) 47,557 45,953
TOTAL ASSETS LESS CURRENT LIABILITIES 47,791 46,264
PROVISIONS FOR LIABILITIES
Deferred Taxation (49 ) (78 )
NET ASSETS 47,742 46,186
CAPITAL AND RESERVES
Called up share capital 7 6 6
Profit and Loss Account 47,736 46,180
SHAREHOLDERS' FUNDS 47,742 46,186
Page 1
Page 2
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr D J Walton
Director
16th December 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
HMDC Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06951554 . The registered office is 2 Foxford Close, Sutton Coldfield, West Midlands, B72 1YT.
The presentation currency of the financial statements is the Pound Sterling (£).
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.
Rendering of services
Turnover from the rendering of services is recognised in the income statement in the period to which it relates.
2.3. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Computer Equipment 25% on reducing balance
2.4. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
...CONTINUED
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2.5. Taxation - continued
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
The average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 November 2024 7,832
As at 31 October 2025 7,832
Depreciation
As at 1 November 2024 7,521
Provided during the period 77
As at 31 October 2025 7,598
Net Book Value
As at 31 October 2025 234
As at 1 November 2024 311
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 46,501 40,384
Prepayments and accrued income 597 1,885
47,098 42,269
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Page 5
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 16,246 11,849
Corporation tax 14,699 26,669
VAT 10,477 12,928
Other creditors 1,238 241
Accrued expenses 1,395 13,281
Directors' loan accounts 1,473 1,141
45,528 66,109
7. Share Capital
2025 2024
Allotted, called up and fully paid £ £
6 Ordinary Shares of £ 1.00 each 6 6
8. Directors Advances, Credits and Guarantees
The following advances and credits to directors subsisted during the year ended 31 October 2025:
As at 1 November 2024 Amounts advanced Amounts repaid Amounts written off As at 31 October 2025
£ £ £ £ £
Mr David Walton (506 ) 26,911 (26,921 ) - (516 )
Mr Peter Hendrickx (636 ) 26,600 (26,921 ) - (957 )
No interest is charged on loans from directors. Amounts are repayable on demand.
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